Shahdol: Fake Loan Gang Busted, Tribals Duped of Rs 1.8 Million in Vehicle Scam

• A fake financing gang operating in Singhpur, Shahdol, has been busted for targeting poor tribals.
• The gang lured tribals with easy vehicle acquisition, used their documents for financing, then sold the vehicles, leaving tribals with debt.
• The fraud amounts to approximately 1.8 million rupees (18 lakh); police have seized 14 vehicles.
• Police are investigating finance agents and companies for potential negligence or collusion, considering it an organized economic crime.
• The case highlights social exploitation of tribals; police are probing the gang's wider network and potential links outside the district.

Why It Matters: Police uncover a large-scale fake loan scam exploiting tribals in Shahdol for vehicle financing.